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5 Emotions That Successful Entrepreneurs Never Feel

5 Emotions That Successful Entrepreneurs Never Feel

When you become a successful entrepreneur, you represent a group of people who create value for the world by seeing solutions where others see nothing. Where back in the old days, people would try and turn lead into gold, modern day entrepreneurs turn 0’s and 1’s into an app that can solve a real problem.

Human emotions can empower. They can also disable. The key to success is sifting out the emotions that give you strength and throwing away the ones that get in the way of progress. Here are the five emotions that successful entrepreneurs become skilled at getting rid of to protect their ability to create value.

1. Jealousy

Entrepreneurs aren’t jealous. They see the success of their colleagues as validation of hard work. The smarter ones will look at what they are specifically doing different that makes them successful – market, product, advertising, etc – and seek to emulate it.

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People who are jealous, actually admit that they will never be as successful as the person they are jealous of. No one will tell you that, but it’s the truth about jealousy. It represents deep insecurity that disables you from performing better and seeking the life that you want.

If you can be genuinely happy for someone who is successful, you can be one step closer at success yourself.

2. Despair

In the dictionary, despair is defined as being “the complete loss or absence of hope”. Entrepreneurs are quintessentially about hope. Without hope, there isn’t possibility. Their ideas would never make it beyond the drawing board.

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This isn’t to say that entrepreneurs don’t lose hope sometimes. They are human, after all. However, entrepreneurs are unable to completely drain their “hope gauge”. No matter what knocks them down, they will always get back up. If not immediately, eventually.

3. Apathy

Apathy basically means not caring at all about something. It means that no matter what happens, whether good nor bad, you have no emotional investment attached to it. This can be a good thing for entrepreneurs. If they don’t care about the result, they can focus on doing meaningful work.

Having said this, entrepreneurs build things to solve problems. Apathy can be a destructive emotion because it can drain the energy and passion away from a venture. People who work with you in the venture may leave, seeing that their fearless leader is more of a “meh” leader.

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Entrepreneurs are caring people. They might not seem that way at face value, but without care, they would not go to great lengths to solve the world’s problems.

4. Disappointment

Disappointment is another very common emotion. People get disappointed all the time: in other people, in situations out of their control, in themselves. As an entrepreneur myself, I would be lying if I said that I didn’t feel disappointment. In fact, I feel it on a daily basis.

What sets entrepreneurs apart from other people is that entrepreneurs do something with their disappointment. They make it constructive. They turn it into an opportunity for growth. For example, I’ve started a “disappointment journal” where I list the things that disappoint me. What’s been fascinating is realizing these things often aren’t big deals and that I’m silly for wasting energy on it in the first place.

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It’s an emotion that has to be weaned out of the human system. Only then can you be as effective as a successful entrepreneur.

5. Worry

Entrepreneurs have at least double the number of things to worry about, compared to “regular” people. Some entrepreneurs let worries drive them into the ground. The emotionally and physically collapse one day and need to take a couple months off. The weight of worries crushes them.

Other entrepreneurs – ones who are more experienced and durable against the weight of worry – realize that worrying is placing a bet against themselves. There is literally no point worrying. It takes away precious energy that should be focused on value creation. Worrying doesn’t decrease the chance of bad things happening either. So why worry?

If you can purge yourself of these five troublesome emotions, you can quickly be on your way to becoming a successful entrepreneur. It takes effort, but it’s worth it.

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Last Updated on December 13, 2019

7 Steps For Making a New Year’s Resolution and Keeping It

7 Steps For Making a New Year’s Resolution and Keeping It

Are you keen to reinvent yourself this year? Or at least use the new year as a long overdue excuse to get rid of bad habits or pick up new ones?

Yes, it’s that time of year again. The time of year when we feel as if we have to turn over a new leaf. The time when we misguidedly imagine that the arrival of a new year will magically provide the catalyst, motivation and persistence we need to reinvent ourselves.

Traditionally, New Year’s Day is styled as the ideal time to kick start a new phase in your life and the time when you must make your all important new year’s resolution. Unfortunately, the beginning of the year is also one of the worst times to make a major change in your habits because it’s often a relatively stressful time, right in the middle of the party and vacation season.

Don’t set yourself up for failure this year by vowing to make huge changes that will be hard to keep. Instead follow these seven steps for successfully making a new year’s resolution you can stick to for good.

1. Just Pick One Thing

If you want to change your life or your lifestyle don’t try to change the whole thing at once. It won’t work. Instead pick one area of your life to change to begin with.

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Make it something concrete so you know exactly what change you’re planning to make. If you’re successful with the first change you can go ahead and make another change after a month or so. By making small changes one after the other, you still have the chance to be a whole new you at the end of the year and it’s a much more realistic way of doing it.

Don’t pick a New Year’s resolution that’s bound to fail either, like running a marathon if you’re 40lbs overweight and get out of breath walking upstairs. If that’s the case resolve to walk every day. When you’ve got that habit down pat you can graduate to running in short bursts, constant running by March or April and a marathon at the end of the year. What’s the one habit you most want to change?

2. Plan Ahead

To ensure success you need to research the change you’re making and plan ahead so you have the resources available when you need them. Here are a few things you should do to prepare and get all the systems in place ready to make your change.

Read up on it – Go to the library and get books on the subject. Whether it’s quitting smoking, taking up running or yoga or becoming vegan there are books to help you prepare for it. Or use the Internet. If you do enough research you should even be looking forward to making the change.

Plan for success – Get everything ready so things will run smoothly. If you’re taking up running make sure you have the trainers, clothes, hat, glasses, ipod loaded with energetic sounds at the ready. Then there can be no excuses.

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3. Anticipate Problems

There will be problems so make a list of what they’ll be. If you think about it, you’ll be able to anticipate problems at certain times of the day, with specific people or in special situations. Once you’ve identified the times that will probably be hard work out ways to cope with them when they inevitably crop up.

4. Pick a Start Date

You don’t have to make these changes on New Year’s Day. That’s the conventional wisdom, but if you truly want to make changes then pick a day when you know you’ll be well-rested, enthusiastic and surrounded by positive people. I’ll be waiting until my kids go back to school in February.

Sometimes picking a date doesn’t work. It’s better to wait until your whole mind and body are fully ready to take on the challenge. You’ll know when it is when the time comes.

5. Go for It

On the big day go for it 100%. Make a commitment and write it down on a card. You just need one short phrase you can carry in your wallet. Or keep it in your car, by your bed and on your bathroom mirror too for an extra dose of positive reinforcement.

Your commitment card will say something like:

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  • I enjoy a clean, smoke-free life.
  • I stay calm and in control even under times of stress.
  • I’m committed to learning how to run my own business.
  • I meditate daily.

6. Accept Failure

If you do fail and sneak a cigarette, miss a walk or shout at the kids one morning don’t hate yourself for it. Make a note of the triggers that caused this set back and vow to learn a lesson from them.

If you know that alcohol makes you crave cigarettes and oversleep the next day cut back on it. If you know the morning rush before school makes you shout then get up earlier or prepare things the night before to make it easier on you.

Perseverance is the key to success. Try again, keep trying and you will succeed.

7. Plan Rewards

Small rewards are great encouragement to keep you going during the hardest first days. After that you can probably reward yourself once a week with a magazine, a long-distance call to a supportive friend, a siesta, a trip to the movies or whatever makes you tick.

Later you can change the rewards to monthly and then at the end of the year you can pick an anniversary reward. Something that you’ll look forward to. You deserve it and you’ll have earned it.

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Whatever your plans and goals are for this year, I’d do wish you luck with them but remember, it’s your life and you make your own luck.

Decide what you want to do this year, plan how to get it and go for it. I’ll definitely be cheering you on.

Are you planning to make a New Year’s resolution? What is it and is it something you’ve tried to do before or something new? Why not pick one from this list: 50 New Year’s Resolution Ideas And How To Achieve Each Of Them

Featured photo credit: Ian Schneider via unsplash.com

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